Question 1

What is Nucor's P/FCF ratio?

Accepted Answer

Nucor (NUE) P/FCF ratio is 101.7× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Nucor?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Nucor specifically, the relevant sector benchmark is the current sector median of 25.9×.

Question 5

Is Nucor's P/FCF ratio high or low?

Accepted Answer

Nucor's P/FCF ratio of 101.7× is above its own 5-year average of 16.3× and above the sector median of 25.9×. That places the current reading at the 98th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Nucor's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Nucor (NUE) P/FCF ratio has ranged from a low of 3.3× in 2022 to a high of 1377.0× in 2013. The 5-year average is 16.3× and the 5-year median is 8.8×.

Question 7

What was Nucor's P/FCF ratio in 2024?

Accepted Answer

Nucor (NUE) P/FCF ratio at the end of 2024 was 33.9×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Nucor's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$37.4B	-$188M	—	—	Dec 31, 2025
2024	$27.3B	$806M	33.9×	+25.1×	Dec 31, 2024
2023	$43B	$4.9B	8.8×	+4.6×	Dec 31, 2023
2022	$33.7B	$8.12B	4.1×	-2.8×	Dec 31, 2022
2021	$32B	$4.61B	6.9×	-7.0×	Dec 31, 2021
2020	$16.1B	$1.15B	14.0×	+1.2×	Dec 31, 2020
2019	$17.1B	$1.33B	12.8×	+1.5×	Dec 31, 2019
2018	$16.1B	$1.41B	11.4×	-22.1×	Dec 31, 2018
2017	$20.3B	$607M	33.4×	+16.8×	Dec 31, 2017
2016	$19B	$1.14B	16.7×	+9.4×	Dec 31, 2016
2015	$12.9B	$1.78B	7.2×	-16.0×	Dec 31, 2015
2014	$15.7B	$675M	23.3×	—	Dec 31, 2014
2013	$17B	-$119M	—	—	Dec 31, 2013
2012	$13.7B	$253M	54.4×	+33.2×	Dec 31, 2012
2011	$12.6B	$592M	21.2×	-5.0×	Dec 31, 2011
2010	$13.9B	$528M	26.2×	+7.5×	Dec 31, 2010
2009	$14.7B	$784M	18.8×	+8.9×	Dec 31, 2009
2008	$14.5B	$1.48B	9.8×	-2.2×	Dec 31, 2008
2007	$17B	$1.41B	12.0×	+3.4×	Dec 31, 2007
2006	$16.4B	$1.91B	8.6×	+2.9×	Dec 31, 2006
2005	$10.4B	$1.81B	5.7×	-5.5×	Dec 31, 2005
2004	$8.39B	$744M	11.3×	-4.4×	Dec 31, 2004
2003	$4.39B	$279M	15.7×	+3.1×	Dec 31, 2003
2002	$3.2B	$254M	12.6×	—	Dec 31, 2002


Solstice Advanced Materials (SOLS)	93.8×
Air Products and Chemicals (APD)	58.4×
International Flavors & Fragrances (IFF)	46.7×
Linde (LIN)	45.1×
Ecolab (ECL)	40.1×
Albemarle (ALB)	36.7×
International Paper (IP)	35.2×
Steel Dynamics (STLD)	34.7×
Martin Marietta Materials (MLM)	34.3×
Vulcan Materials (VMC)	32.2×
Corteva (CTVA)	27.5×
Sherwin-Williams (SHW)	27.1×
H.B. Fuller (FUL)	24.8×
CRH (CRH)	24.4×
Agnico Eagle Mines (AEM)	22.3×
PPG Industries (PPG)	19.5×
Eastman Chemical (EMN)	17.5×
DuPont de Nemours (DD)	17.0×
Avient (AVNT)	16.2×
Freeport-McMoRan (FCX)	13.6×
CF Industries Holdings (CF)	12.4×
Builders FirstSource (BLDR)	10.5×
Newmont (NEM)	9.6×
LyondellBasell (LYB)	9.3×
Ashland (ASH)	7.6×

P/FCF Ratio for Nucor (NUE) 2002-2026

P/FCF Ratio daily chart for Nucor (NUE)

Historical P/FCF Ratio for Nucor (NUE) from 2002 to 2025

About P/FCF Ratio at Nucor (NUE)

Nucor P/FCF Ratio by Year

Nucor P/FCF Ratio 2024: 33.9×

Nucor P/FCF Ratio 2023: 8.8×

Nucor P/FCF Ratio 2022: 4.1×

Nucor P/FCF Ratio 2021: 6.9×

Nucor P/FCF Ratio 2020: 14.0×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Nucor (NUE) Key Financials